Solana (SOL) is poised for a potential rally to $520 as it consolidates near the $260 resistance level. Analysts, including Ali Martinez and others, have set bullish price targets between $295 and $1,000, driven by the anticipated approval of a Solana ETF. Prediction markets like Polymarket indicate a 99% chance of ETF approval by the end of 2025, fueling investor optimism.
Historical price patterns show that Solana typically rebounds 50%-60% following a 24%-25% dip, suggesting a strong potential for upward movement. A weekly close above $260 could confirm this bullish trend, potentially attracting increased capital inflows into Solana.
Solana Eyes $520 Surge Amid 99% ETF Approval Odds
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